Royce Global Value Trust, Inc. (NYSE:RGT – Get Free Report) saw a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 6,291 shares, an increase of 118.9% from the September 15th total of 2,874 shares. Based on an average trading volume of 11,595 shares, the short-interest ratio is presently 0.5 days.
Royce Global Value Trust Price Performance
RGT opened at $14.32 on Tuesday. The firm has a 50-day simple moving average of $14.89 and a two-hundred day simple moving average of $14.52. Royce Global Value Trust has a 52 week low of $12.01 and a 52 week high of $15.79.
Institutional Investors Weigh In On Royce Global Value Trust
A number of hedge funds have recently made changes to their positions in RGT. 1607 Capital Partners LLC bought a new stake in Royce Global Value Trust in the 4th quarter worth approximately $1,279,000. Beckerman Institutional LLC purchased a new stake in shares of Royce Global Value Trust during the 2nd quarter worth approximately $612,000. Fifth Third Bancorp purchased a new stake in shares of Royce Global Value Trust during the 1st quarter worth approximately $48,000. Tidal Investments LLC raised its holdings in shares of Royce Global Value Trust by 5.3% during the 2nd quarter. Tidal Investments LLC now owns 30,535 shares of the company’s stock worth $435,000 after acquiring an additional 1,539 shares in the last quarter. Finally, Susquehanna International Group LLP boosted its position in shares of Royce Global Value Trust by 9.8% during the 2nd quarter. Susquehanna International Group LLP now owns 17,218 shares of the company’s stock valued at $245,000 after acquiring an additional 1,536 shares during the last quarter.
About Royce Global Value Trust
Royce Global Value Trust, Inc (NYSE: RGT) is a closed-end investment company that seeks long-term growth of capital by investing in a diversified portfolio of global equities. The fund focuses primarily on small-cap companies that its investment adviser believes are undervalued relative to their business prospects, assets, or earnings potential.
RGT invests across the United States and international markets, providing exposure to companies in a range of industries and geographic regions.
Further Reading
- Five stocks we like better than Royce Global Value Trust
- Amazon’s $220 Billion AI Bet Is Getting Bigger—Can Earnings Justify the Spending?
- Enlisting Capital: Wolfspeed’s Defense Deal
- Ag Equipment’s Recovery Trade Meets Washington’s Scrutiny
- The Pentagon’s $350 Million Quantum Push: Why IonQ Could Benefit More Than D-Wave
Receive News & Ratings for Royce Global Value Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Royce Global Value Trust and related companies with MarketBeat.com's FREE daily email newsletter.
